Warning: DASAD Platform and Its Red Flags

[albon]

What happened:: This member promoted the DASAD platform and said it started in 2017 but the domain was only registered 7 months ago.

Here are some quotes from our community members about the red flags:

What you posted is more than a bot, that link is a trading platform where people can deposit money. You posted that you have been existing since 2017, but your domain name is not valid. Why?

They're quite well-known in some poor countries, even in my own, so it's not difficult to find user reviews.

Essentially, they're a Ponzi scheme, offering a fixed daily profit rate of 1.5% (too good to be true) over a 30-day cycle. These are just a few examples of their ridiculous offers; there are several subscription membership and referral that offer even higher returns.

Their main domain, dasad*app, has been flagged as a scam on one review site: gridinsoft.com/online-virus-scanner/url/dasad-app

a YouTube search for "Dasad Limited Review" at least yields these videos in the top most relevant results:

• www.youtube.com/watch?v=pjCa1LNKxwo
• www.youtube.com/watch?v=m63gXft3o5M

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[1] the platform is flagged as a financial scam with a very low trust score and there are also several security warnings and some security services block it.



[2] security software like Malwarebytes blocks the platform's domains --> [dasad.io] and flags it as a phishing site..



[3] Their promises of a fixed daily returns ranging from 2.96% to 4.54% are a big sign of a Ponzi scheme and they use this bonus to lure victims into their scam.






[4] They show fake certificates on their platform and link them to normal business records to make the platform look real and not scam.




Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=3756666 || FLAG


Reference Link:

Code:

[1] www.dasad.ceo | 7 Months
[2] www.dasad.io | 11 Months
[3] www.dasad.top | 8 Months
[4] www.dasad.cc.cd
[5] www.dasad.app | 11 Months

[4] DASAD platform is an intelligent AI trading robot for cryptocurrency investors


Additional Notes: I don't recommend putting any money into this platform. Avoid all three of its domains. I advise people to stay away from platforms that promise such high daily profits. Even if a company is registered on gov.uk, it doesn't mean it's legit.

[hugeblack]

A daily return of 2.96% to 4.54% is sufficient to classify the service as a scam; as it is highly unlikely for any service with a legitimate investment model to generate such returns. When considered alongside the other reasons already mentioned, I believe there is ample justification to label this service as a scam.
Flag supported

[albon]

A daily return of 2.96% to 4.54% is sufficient to classify the service as a scam; as it is highly unlikely for any service with a legitimate investment model to generate such returns. When considered alongside the other reasons already mentioned, I believe there is ample justification to label this service as a scam.
Flag supported

Thanks for your comment, my friend.

A fixed daily return at this rate is a clear sign of a scam, and they use 4 different domains, and I think this is so they can keep running if one of them gets taken down.

The platform looks very risky, and its design is something we've seen many times before in Ponzi schemes. They don't even have an official app on Google Play or official social media links and I couldn't find any reviews on well-known review sites. The only exception is their .top domain, where most reviews look fake and may have been written by them.

I have also reported all their domains to MetaMask and am waiting for them to review my reports.

[Bitcoin_Arena]

I have supported the trust flag.

This is a typical Ponzi scheme, and I am surprised the thread was not deleted by the moderators because the OP of that thread went as far as posting the referral code

Registration Code: 215204

Hope no one fell for the scam.

[ovcijisir]

Thank you for keeping community informed Albon. It seems that these scammers are trying to move to next address:

Code:

https://dasad.app

I will also support your trust flag to warn non members.

[albon]

This is a typical Ponzi scheme, and I am surprised the thread was not deleted by the moderators because the OP of that thread went as far as posting the referral code

Registration Code: 215204

Hope no one fell for the scam.

My report was marked as Bad, even though I believe this is a scam and I already provided evidence showing that this is a Ponzi scheme.

You also added an important point that this member had promoted a referral code may violate the forum's rule against referral code spam.

4. No referral code (ref link) spam. [1]

Thank you for keeping community informed Albon. It seems that these scammers are trying to move to next address:

Code:

https://dasad.app

I will also support your trust flag to warn non members.

You're welcome, and thanks for letting me know about this as well.

I've already edited the OP and added the link to the new domain you mentioned.

There are now 5 domains in total, unfortunately. Even if his topic is not deleted, the negative trust feedback and the flag that has now been activated should be enough to warn users not to trust this member.